Preston North End dealt blow in transfer race for Premier League starlet, Leicester City prospect seals second-tier switch - Championship gossip

Preston North End are in FA Cup third-round action this weekend, when they face Wycombe Wanderers - a side they drew 2-2 with in the league last month - at Adams Park on Saturday afternoon.

Meanwhile, the Lilywhites continue to eye potential transfer deals behind the scenes, as Alex Neil looks to bolster his squad ahead of a gruelling second half of the season. For now, here's all the latest news and transfer gossip from the Championship.

Preston North End and Huddersfield Town's respective hopes of signing Aston Villa's Keinan Davis on loan look to have been dashed, following reports that the Villains are unwilling to let him leave in the current transfer window. (Birmingham Mail)

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Arsenal are believed to have little chance of signing Norwich City sensation Emi Buendia in January due to the costs involved in a permanent deal, and could instead target Real Madrid's Isco or PSG’s Julian Draxler on loan.

Barnsley have completed the signing of defender Liam Kitching from Forest Green. The ex-Leeds United starlet branded the Tykes "a massive club" upon his arrival. (Club website)

Preston North End are rumoured to be closing in on a move for ex-Sheffield United striker Ched Evans. The former Wales international left Fleetwood Town last month after a heated argument with then-manager Joey Barton. (Football Insider)

Sheffield Wednesday have received encouragement as the race for Rangers' Jordan Jones heats up, with the Europa League side believed to be ready to part company with the Northern Ireland international this month. (Daily Record)

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West Brom have been named the bookies' favourites to sign Watford striker Troy Deeney before the current transfer window closes. He scored ten Premier League goals last season despite his side's eventual relegation. (Sky Bet)

Stoke City have been tipped to pursue a move for Motherwell defender Stephen O'Donnell. The Scotland international, formerly of Luton Town, is out of contract at the end of the month. (The 72)

Wycombe Wanderers have brought in Leicester City striker Admiral Muskwe on loan until the end of the season. He's been capped at international level for Zimbabwe, and spent last season on loan with Swindon. (BBC Sport)